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Casualties in dry bulk shipping (1963-1996)

Author

Listed:
  • Roberts, Stephen E.
  • Marlow, Peter B.

Abstract

In recent years, bulk carriers have been identified with high risks of catastrophic structural failure and foundering, and with heavy loss of human life. This study, based upon Lloyd's of London casualty records, identified four risk factors that had significant, independent effect upon the likelihood of a bulk carrier foundering. The risk of foundering increased with the age of the ship, and was related to the ship's flag of registration. Most importantly, however, increased risks were found for heavy cargoes of iron ore and scrap steel or iron, and for trading routes to the Far East and from Europe to North America. Additional safety measures, in particular regarding ship design and high-risk trades, may well be necessary to reduce the high casualty rates.

Suggested Citation

  • Roberts, Stephen E. & Marlow, Peter B., 2002. "Casualties in dry bulk shipping (1963-1996)," Marine Policy, Elsevier, vol. 26(6), pages 437-450, November.
    • Handle: RePEc:eee:marpol:v:26:y:2002:i:6:p:437-450
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    Citations

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    Cited by:

    1. Serap ÝNCAZ, 2017. "Evaluation of Bulk Cargo According to Turkish Maritime Transportation," Journal of Economics Bibliography, KSP Journals, vol. 4(2), pages 182-187, June.
    2. Meifeng Luo & Sung-Ho Shin & Young-Tae Chang, 2017. "Duration analysis for recurrent ship accidents," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(5), pages 603-622, July.
    3. Hoffmann, Jan & Sanchez, Ricardo J. & Talley, Wayne K., 2004. "6. Determinants Of Vessel Flag," Research in Transportation Economics, Elsevier, vol. 12(1), pages 173-219, January.
    4. François Fulconis & Raphael Lissillour, 2021. "Toward a behavioral approach of international shipping: a study of the inter-organisational dynamics of maritime safety," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-23, December.
    5. Pierre Cariou & François-Charles Wolff, 2011. "Do Port State Control Inspections Influence Flag- and Class-hopping Phenomena in Shipping?," Journal of Transport Economics and Policy, University of Bath, vol. 45(2), pages 155-177, May.

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